Top 10 Poorest countries

By iastoppers.com

in the world: 2023

The GDP Dilemma

Per capita GDP using Purchasing Power Parity (PPP) for a fair comparison unveils the poorest countries globally in 2023

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1. South Sudan

Political instability, conflicts, and reliance on traditional agriculture contribute to economic challenges in this young nation

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2. Burundi

Rapid population growth, political instability, and a reliance on subsistence agriculture worsen economic struggles

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3. Central African Republic

Despite abundant natural resources, conflicts and infrastructure challenges hinder economic development

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4. Somalia

Political instability, armed conflicts, and a lack of infrastructure impede progress in the Horn of Africa

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5. Democratic Republic of the Congo

Despite natural resource wealth, poverty persists due to malnutrition, limited access to education, and healthcare

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6. Mozambique

Natural disasters, disease, population growth, and wealth inequality contribute to ongoing poverty

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7. Niger

Limited resources, frequent droughts, and a predominantly agricultural economy pose economic challenges

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8. Malawi

Vulnerability to climate change, reliance on rain-fed agriculture, and fluctuating commodity prices impact the economy

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9. Chad

Economic challenges persist despite substantial oil reserves, with vulnerability to weather-related shocks and food insecurity

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10. Liberia

Enduring poverty results from violent conflicts, outbreaks, and forced migration, disrupting agriculture and contributing to food insecurity

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